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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 689.46-0.9%Feb 3 4:00 PM EST

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To: SGJ who wrote (125703)5/31/2019 3:39:45 PM
From: GROUND ZERO™  Read Replies (2) of 222827
 
THE WEEKLY NYSE PUT/CALL RATIO...

Yes, I'm bringing the ratio back because after extensive back testing research going back several years on a day to day basis the 10 and 50 DMA for the VIX is NOT reliable for sell signals and only satisfactory for buy signals...

I've seen nothing yet that comes close to this indicator and I'm still actively searching...

We can see that the bar is now very deep into the sell zone, this could mean the selling is nearing an end, I say here it could, but still very certainly NOT a buy signal...



GZ
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